- 5G subscriptions now expected to reach 1.9 billion in 2024, as
operators ramp up deployments and users switch to 5G devices
- 5G coverage is forecast to reach 45 percent of the world's
population by end of 2024
- In 2024, 5G networks are projected to carry 35 percent of the
global mobile traffic
WASHINGTON, June 11, 2019 /PRNewswire/ -- Rapid early
momentum and enthusiasm for 5G has led Ericsson (NASDAQ: ERIC) to
forecast an extra 400 million enhanced mobile broadband
subscriptions globally by the end of 2024. The June 2019 edition of the Ericsson Mobility Report
forecasts 1.9 billion 5G subscriptions – up from 1.5 billion
forecasted in the November 2018
edition – an increase of almost 27 percent.
Other forecasts have also increased notably as a result of the
rapid 5G uptake. 5G coverage is forecast to reach 45 percent of the
world's population by end of 2024. This could surge to 65 percent,
as spectrum sharing technology enables 5G deployments on LTE
frequency bands.
Communication service providers in several markets have switched
on 5G following the launch of 5G-compatible smartphones. Service
providers in some markets are also setting more ambitious targets
for population coverage of up to 90 percent within the first
year.
The strong commitment of chipset and device vendors is also key
to the acceleration of 5G adoption. Smartphones for all main
spectrum bands are slated to hit the market over the course of this
year. As 5G devices increasingly become available and more 5G
networks go live, more than 10 million 5G subscriptions are
projected worldwide by the end of 2019.
The uptake of 5G subscriptions is expected to be fastest in
North America, with 63 percent of
anticipated mobile subscriptions in the region being for 5G in
2024. North East Asia follows in second place (47 percent), and
Europe in third (40 percent).
Fredrik Jejdling, Executive Vice President and Head of Networks,
Ericsson, says: "5G is definitely taking off and at a rapid pace.
This reflects the service providers' and consumers' enthusiasm for
the technology. 5G will have positive impact on people's lives and
businesses, realizing gains beyond the IoT and the Fourth
Industrial Revolution. However, the full benefits of 5G can only be
reaped with the establishment of a solid ecosystem in which
technology, regulatory, security, and industry partners all have a
part to play."
Total mobile data traffic continued to soar globally in Q1 2019,
up 82 percent year-on-year. It is predicted to reach 131 exabytes
(EB) per month by the end of 2024, at which time 35 percent is
projected to be over 5G networks. There are 1 billion cellular IoT
connections globally, a figure that is expected to rise to 4.1
billion by the end of 2024, of which 45 percent are represented by
Massive IoT. Industries using Massive IoT include utilities with
smart metering, healthcare in the form of medical wearables, and
transport with tracking sensors.
The June 2019 report also features
three articles written jointly with service providers that offer a
glimpse of the progress being made in markets that are on the verge
of, or already deploying 5G.
With Telstra in Australia,
Ericsson explores how to manage the ever-growing demand for data
and video while maintaining consumer experience, particularly for
live content streaming. MTS in Russia helps to describe how mobile networks
should evolve to ensure the level of network performance that will
meet customer experience expectations during preparations for 5G.
The article co-written with Turkcell in Turkey looks at how network performance and
service offerings are managed in a successful fixed wireless access
(FWA) implementation.
Read the full Ericsson Mobility Report June 2019
NOTES TO EDITORS:
Find out more about Ericsson 5G.
Find out more about Ericsson Spectrum Sharing.
Find out more about Ericsson's other publicly announced 5G
contracts.
Find out more about Ericsson's 5G partnerships.
Find out more about Ericsson 5G use case trials.
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ABOUT ERICSSON:
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full value of connectivity. The company's portfolio spans Networks,
Digital Services, Managed Services, and Emerging Business and is
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find new revenue streams. Ericsson's investments in innovation have
delivered the benefits of telephony and mobile broadband to
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PDF - Ericsson
Mobility Report: 5G uptake even faster than expected
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Crowds with
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Ericsson Mobility
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